[CPEO-MEF] CLOSURE: GSA to transfer 427 acres at Twin Cities Plant (MN)

[Lenny Siegel <lsiegel@cpeo.org>]

News Release
General Services Administration
May 9, 2013


GSA Sells Arden Hills' Twin Cities Army Ammunition Plant for $28 Million
Sale reduces federal footprint and saves taxpayer dollars

CHICAGO, PRNewswire-USNewswire/ -- The U.S. General Services  
Administration (GSA) today announced the sale and transfer of a 427- 
acre portion of the Twin Cities Army Ammunition Plant (TCAAP) in  
Arden Hills, Minn., to Ramsey County for $28 million. The sale is  
part of GSA's ongoing efforts to dispose of excess federal property  
to save taxpayer dollars and make more efficient use of the  
government's real estate assets.

"The sale of surplus federal real estate not only saves taxpayer  
dollars, but also puts properties to new uses at the local level,  
sparking commercial economic activity," said GSA Great Lakes Regional  
Administrator Ann P. Kalayil . "The TCAAP sale directly supports  
President Obama's directive to shrink the federal real estate  
footprint to reduce costs and bolster efficiency."

The deal transfers ownership of 397 acres to Ramsey County  
immediately, while the remaining 30 acres will be transferred to the  
county after it conducts environmental remediation, which is expected  
to take approximately three years. This sale a good example of GSA's  
commitment to work with communities like Ramsey County and make more  
efficient use of surplus federal properties. GSA's disposal team in  
Boston facilitated the sale, and this transaction is another example  
of GSA's mission to deliver better value and savings for the American  
people.

...

For the entire release, see
http://www.prnewswire.com/news-releases/gsa-sells-arden-hills-twin- 
cities-army-ammunition-plant-for-28-million-206756581.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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